All equity indexes remain on long/buy signals, treasuries, corn and wheat remain on short/sell signals.
Minor wave 3 continues to unfold per the favorite count. Minute wave [iii] might have concluded today as negative divergence is building on the 30 min chart. A small pullback in minute wave [iv] should follow. Even under the more conservative scenario, we should see close to another 100 points of upward movement for the SPX. But, there’s a pretty good chance that will only be the beginning.